Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
7 THE LAURELS is a large detached house of 124m². It was last sold for £405,000 in October 2023, which was around 11% above the average October 2023 detached price in the Stafford local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 7 THE LAURELS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. All of the three 7 THE LAURELS sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2023 17 OCT | £405,000 | £365,460 | 11% above HPI |
2018 18 OCT | £315,000 | £294,313 | 7% above HPI |
2014 24 OCT | £315,000 | £249,118 | 26% above HPI |
The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The three 7 THE LAURELS sales between October 2014 and October 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2018 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2023 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.
7 THE LAURELS is 124m² according to the EPC inspection conducted in October 2014. This puts it in the largest 40% of detached houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses by size in Stafford, and where 7 THE LAURELS lies on this distribution: 66% of detached houses are smaller than 7 THE LAURELS, and 32% of houses are larger. Note that EPC data is not available for all properties in Stafford.
7 THE LAURELS sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 7 THE LAURELS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 THE LAURELS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
7 THE LAURELS is located in STAFFORD, in the ST17 postcode district. The below map shows the position of No. 7 on THE LAURELS.